Wells Fargo & Company (WFC) – What Are Brokerages Saying About This Stock?

Wells Fargo & Company (NYSE:WFC) has received an average recommendation of “Moderate Buy” from the twenty-four research firms that are presently covering the stock, Marketbeat reports. Eight analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $98.08.

WFC has been the topic of a number of analyst reports. Truist Financial lifted their target price on shares of Wells Fargo & Company from $94.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. Robert W. Baird increased their price target on Wells Fargo & Company from $85.00 to $92.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 15th. Raymond James Financial reissued a “market perform” rating on shares of Wells Fargo & Company in a report on Tuesday, July 14th. Royal Bank Of Canada lowered their price objective on Wells Fargo & Company from $100.00 to $92.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 14th. Finally, Morgan Stanley dropped their price objective on Wells Fargo & Company from $102.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, October 14th.

Wells Fargo & Company Stock Performance

NYSE WFC traded down $0.61 on Friday, reaching $82.40. 8,765,781 shares of the stock were exchanged, compared to its average volume of 16,442,570. The company has a current ratio of 0.89, a quick ratio of 0.90 and a debt-to-equity ratio of 1.14. Wells Fargo & Company has a one year low of $72.78 and a one year high of $97.76. The firm has a market capitalization of $249.17 billion, a PE ratio of 11.62, a PEG ratio of 0.89 and a beta of 0.96. The company’s 50-day simple moving average is $84.67 and its two-hundred day simple moving average is $83.40.

Wells Fargo & Company (NYSE:WFC) last posted its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.02. The business had revenue of $21.87 billion during the quarter, compared to analyst estimates of $22.30 billion. Wells Fargo & Company had a net margin of 17.64% and a return on equity of 14.05%. The company’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 earnings per share. Analysts expect that Wells Fargo & Company will post 7.27 EPS for the current fiscal year.

Wells Fargo & Company Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.00 dividend on an annualized basis and a yield of 2.4%. This is a boost from Wells Fargo & Company’s previous quarterly dividend of $0.45. Wells Fargo & Company’s payout ratio is presently 28.21%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Wells Fargo & Company in the 2nd quarter valued at about $28,000. Phillip James Consulting Co. bought a new position in shares of Wells Fargo & Company during the 1st quarter worth approximately $28,000. Dunhill Financial LLC bought a new position in shares of Wells Fargo & Company during the 2nd quarter worth approximately $30,000. Main Street Group LTD purchased a new stake in Wells Fargo & Company during the first quarter valued at approximately $29,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in Wells Fargo & Company during the second quarter valued at approximately $34,000. 75.90% of the stock is currently owned by institutional investors.

More Wells Fargo & Company News

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Wells Fargo named Kleber Santos the sole head of Consumer Banking and Lending, allowing Saul Van Beurden to focus exclusively on the company’s artificial-intelligence strategy. The clearer division of responsibilities could improve execution and accountability, although the financial impact is not yet measurable. Wells Fargo consolidates leadership of consumer bank
• Neutral Sentiment: Wells Fargo and other companies reportedly objected to their shares being tokenized in a regulatory document. The issue highlights banks’ concerns about control, investor protection and regulatory oversight of tokenized securities, but no immediate earnings impact was reported. Wells Fargo, Intuit others object to their shares being tokenized
• Neutral Sentiment: Wells Fargo’s research team expects lodging companies to benefit from stronger U.S. revenue per available room growth and raised sector estimates. This may support Wells Fargo’s investment-banking and research profile, but it does not directly change WFC’s earnings outlook. Top lodging stocks for 3Q26 earnings, according to Wells Fargo
• Negative Sentiment: The ACVF ETF sold its Wells Fargo position and added the bank to a boycott list following concerns about politically influenced “debanking.” Although the sale is likely small relative to WFC’s market capitalization, it adds reputational and potential policy risk. ACVF ETF sells Wells Fargo over debanking concerns
• Negative Sentiment: A reported 15.67% reduction in the price target for Wells Fargo preferred stock adds negative sentiment toward the broader Wells Fargo complex, though it applies to preferred shares rather than WFC common stock. Wells Fargo preferred stock price target decreased

Wells Fargo & Company Company Profile

Wells Fargo & Company is a diversified financial services company that provides banking, lending, investment, and financial management services to individuals, businesses, and institutions. Its offerings include deposit accounts, residential and commercial lending, credit cards, payments, treasury management, and other banking products.

The company also provides wealth and investment management services, including financial planning, brokerage, advisory, and private banking solutions.